Frank Bisignano, currently serving as commissioner of the Internal Revenue Service and administrator of the Social Security Administration, is facing allegations of past misconduct during his tenure at JPMorgan Chase over a decade ago. According to a recent report, Bisignano was accused of spying on colleagues and misusing company resources while holding several senior roles at the bank, including co-chief operating officer under CEO Jamie Dimon.

The allegations include claims that Bisignano used his authority over the bank’s security operations to access sensitive information and internal communications without a clear business justification. One specific allegation involves the alleged misuse of the corporate jet for personal purposes. These charges, if accurate, raise concerns given Bisignano’s current leadership of two major government agencies that handle extensive sensitive financial data on American taxpayers.

JPMorgan Chase has dismissed these claims. A senior bank executive with direct knowledge of the decade-old investigation told reporters that the bank thoroughly examined the accusations and found no evidence of wrongdoing. The bank’s spokesperson previously described Bisignano as a trusted adviser with a reputation for determination and applauded his government service.

Bisignano, through his legal counsel, has also denied the allegations of spying and misuse of resources. Charles Scharf, former consumer bank chief at JPMorgan and a longtime associate of Bisignano, said he has never witnessed any spying activities. Scharf, who left JPMorgan in 2012, noted that after the report surfaced, he spoke with Bisignano and the two dismissed the accusations in an informal exchange.

Additional perspectives from a former JPMorgan colleague suggest Bisignano’s role involved overseeing compliance and internal monitoring as part of his COO responsibilities. According to this account, he was charged with enforcing firm policies, including email surveillance and regulatory compliance, which might have been misconstrued as spying.

Since departing JPMorgan in 2013, Bisignano has led major financial services companies such as First Data and Fiserv. In a move addressing ongoing scrutiny, he recently appointed Vince LaPadula, a former JPMorgan executive, as his deputy at the IRS. LaPadula confirmed that JPMorgan CEO Jamie Dimon endorsed the decision, referring to Bisignano as a reliable problem-solver.

The timing of the renewed attention on these longstanding allegations remains unclear, though the report highlights the significant implications given Bisignano’s oversight of agencies tasked with managing sensitive taxpayer information. Both Bisignano’s representatives and JPMorgan maintain the assertions are unfounded, while the reporting outlet stands by its investigation, citing multiple knowledgeable sources.